Plano Deal Analysis
Let's look at deal analysis for Plano, TX and for 
15 Buy 10 Nomads™ with 10% Higher Rents.
The analysis is based on The World's Greatest Real Estate Deal Analysis Spreadsheet™ (shown above)... a free spreadsheet download you can use to analyze your own deals.
Typical Plano, Texas Nomad™ Property with 10% Higher Rents
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Typical Plano, Texas Nomad™ Property with 10% Higher Rents
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Purchase Inputs
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|
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Percents
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Dollars/#
|
|
ARV
|
|
$447,744
|
|
Purchase Price
|
|
$447,744
|
|
Seller Concessions
|
—
|
$0
|
|
Down Payment
|
5.000%
|
$22,387
|
|
Closing Costs
|
1.000%
|
$4,477
|
|
Rent Ready Costs
|
|
$0
|
|
Cumulative Negative Cash Flow
|
|
$102,771
|
|
Total Invested
|
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$129,635
|
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Mortgage
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|
Mortgage Amount
|
|
$425,356.80
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Mortgage Interest Rate
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6.500%
|
|
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Loan Term
|
|
360
|
|
Private Mortgage Insurance
|
0.850%
|
$301.29
|
|
Drop PMI LTV
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80.000%
|
|
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Income
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|
Monthly Rent
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|
$3,413
$3413.03
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Other Income
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|
$0
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Annual Expenses
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Vacancy Rate
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3.000%
|
$1,229
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Property Taxes
|
1.831%
|
$8,198
|
|
Property Insurance
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1.419%
|
$6,353
|
|
HOA Dues
|
|
$0
|
|
Utilities
|
|
$0
|
|
Other Expenses 1
|
|
$0
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|
Other Expenses 2
|
|
$0
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Maintenance
|
10.000%
|
|
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CapEx
|
|
$0
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Management
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0.000%
|
|
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Depreciation Details
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|
Land Value
|
15.000%
|
$67,162
|
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Property Type (C or R)
|
R
|
27.5
|
|
Effective Income Tax Rate
|
15.000%
|
|
| Property Value |
1 |
2 |
3 |
4 |
5 |
| ARV at End of Year |
$461,176 |
$475,012 |
$489,262 |
$503,940 |
$519,058 |
| Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Appreciation Dollar |
$13,432 |
$13,835 |
$14,250 |
$14,678 |
$15,118 |
| Monthly Income |
1 |
2 |
3 |
4 |
5 |
| Rent Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Rent |
$3,413 |
$3,515 |
$3,621 |
$3,730 |
$3,841 |
| Monthly Other Income Appreciation Rate |
|
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Monthly Gross Potential Income |
$3,413 |
$3,515 |
$3,621 |
$3,730 |
$3,841 |
| Vacancy Percent |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Monthly Vacancy Dollar |
$102 |
$105 |
$109 |
$112 |
$115 |
| Monthly Gross Operating Income |
$3,311 |
$3,410 |
$3,512 |
$3,618 |
$3,726 |
| Annual Income |
1 |
2 |
3 |
4 |
5 |
| Annual Rent |
$40,956 |
$42,185 |
$43,451 |
$44,754 |
$46,097 |
| Annual Other Income |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Gross Potential Income |
$40,956 |
$42,185 |
$43,451 |
$44,754 |
$46,097 |
| Annual Vacancy Dollar |
$1,229 |
$1,266 |
$1,304 |
$1,343 |
$1,383 |
| Annual Gross Operating Income |
$39,728 |
$40,919 |
$42,147 |
$43,411 |
$44,714 |
| Annual Expenses |
1 |
2 |
3 |
4 |
5 |
| Property Taxes Percent |
1.831% |
1.831% |
1.831% |
1.831% |
1.831% |
| Property Taxes Dollar |
$8,198 |
$8,444 |
$8,697 |
$8,958 |
$9,227 |
| Insurance Percent |
1.419% |
1.419% |
1.419% |
1.419% |
1.419% |
| Insurance Dollar |
$6,353 |
$6,544 |
$6,740 |
$6,943 |
$7,151 |
| HOA Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| HOA Dues Dollar |
$0 |
$0 |
$0 |
$0 |
$0 |
| Utilities Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Utilities Dollar |
$0 |
$0 |
$0 |
$0 |
$0 |
| Other Expense 1 Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Other Expense 1 Dollar |
$0 |
$0 |
$0 |
$0 |
$0 |
| Other Expense 2 Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| Other Expense 2 Dollar |
$0 |
$0 |
$0 |
$0 |
$0 |
| Maintenance Percent |
10.000% |
10.000% |
10.000% |
10.000% |
10.000% |
| Maintenance Dollar |
$3,973 |
$4,092 |
$4,215 |
$4,341 |
$4,471 |
| CapEx Appreciation Rate |
3.000% |
3.000% |
3.000% |
3.000% |
3.000% |
| CapEx Dollar |
$0 |
$0 |
$0 |
$0 |
$0 |
| Property Management Percent |
0.000% |
0.000% |
0.000% |
0.000% |
0.000% |
| Property Management Dollar |
$0 |
$0 |
$0 |
$0 |
$0 |
| Annual Operating Expenses |
$18,524 |
$19,080 |
$19,653 |
$20,242 |
$20,849 |
| Net Operating Income |
1 |
2 |
3 |
4 |
5 |
| Net Operating Income (NOI) |
$21,203 |
$21,839 |
$22,494 |
$23,169 |
$23,864 |
| Mortgage |
1 |
2 |
3 |
4 |
5 |
| Total Annual P&I Payments |
$32,262 |
$32,262 |
$32,262 |
$32,262 |
$32,262 |
| Principal |
$4,754 |
$5,073 |
$5,412 |
$5,775 |
$6,162 |
| Interest |
$27,508 |
$27,190 |
$26,850 |
$26,488 |
$26,101 |
| Loan Balance at End of Year |
$420,603 |
$415,530 |
$410,117 |
$404,343 |
$398,181 |
| Loan-To-Value |
91.202% |
87.478% |
83.824% |
80.236% |
76.712% |
| Private Mortgage Insurance (PMI) Rate |
0.850% |
0.850% |
0.850% |
0.850% |
|
| Private Mortgage Insurance Dollar |
$3,616 |
$3,616 |
$3,616 |
$3,616 |
$0 |
| Equity |
1 |
2 |
3 |
4 |
5 |
| ARV - Loan Balance at End of Year |
$40,574 |
$59,482 |
$79,144 |
$99,597 |
$120,877 |
| Cash Flow |
1 |
2 |
3 |
4 |
5 |
| Annual Cash Flow |
-$14,675 |
-$14,039 |
-$13,384 |
-$12,709 |
-$8,398 |
| Monhtly Cash Flow |
-$1,223 |
-$1,170 |
-$1,115 |
-$1,059 |
-$700 |
| Cash on Cash Return on Investment |
-0.113% |
-0.108% |
-0.103% |
-0.098% |
-0.065% |
| Cap Rate |
|
|
|
|
|
| DSCR |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Negative Cash Flow |
$0 |
$0 |
$0 |
$0 |
$0 |
| Cumulative Negative Cash Flow |
$0 |
$0 |
$0 |
$0 |
$0 |